Abu Dhabi-Mubasher: National Bank of Abu Dhabi (NBAD) posted a 4.8% decline in its second-quarter profits, according to a bourse statement.
Net profits reached AED 1.38 billion ($376 million) in Q2-16, compared to AED 1.45 billion ($395 million) in Q2-15.
The bank posted profits of AED 2.65 billion in H1-16, a 7.8% decline from AED 2.87 billion in the prior-year period.
Revenues stood at AED 5.41 billion in H1-16, compared to AED 5.40 billion in H1-15.
Assets rose to AED 419.4 billion in H1-16 from AED 406.6 billion in the same period a year earlier.
